GOLD (XAUUSD) Overbought Market & Pullback 🥇

Short

Or / Dollar Américain (OANDA:XAUUSD)

Mis à jour

OANDA:XAUUSD Or / Dollar Américain

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As I predicted, Gold bounced earlier this week.

Analyzing the price action now, we can see that the market became quite overbought:
the price formed a double top pattern with a lower high and violated its neckline.

We may anticipate a correctional movement now.
Goals: 2031 / 2024

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Commentaire:

The market is still standing around the entry!

Commentaire:

Target one reached!

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GOLD (XAUUSD) Overbought Market & Pullback 🥇

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